Market analysis: winter is coming, can spring be far behind?

Industry news

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Industry news1. Deputy Governor of the Federal Reserve Bank of New Zealand: The Federal Reserve Bank of New Zealand is evaluating digital currencies

2. Liu He, Vice Premier of the State Council:

Coordinate and promote the construction of three types of new infrastructure including blockchain technology

3. Chairman of the Federal Reserve: Need to cooperate with the private sector on the central bank's digital currency

4. The Central Bank of Russia: The digital ruble may help reduce the Russian economy’s dependence on the US dollarChina Becomes the "Leader" of Global Digital Currency

BTC market analysis

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Yesterday we analyzed that the adjustment pattern of the BTC 4H cycle has been completed, and the gathering of moving averages with shrinkage and stepping back is the offensive pattern. Last night, there was an increase of more than 400 points, which was still in line with our expectations.At present, the rise of the daily line is not sustainable, and the upward movement of the 4H cycle may require the supplement of energy and the arrangement of the form, so the next step is a volatile upward trend., and directly going up is an operation to reduce positions, and not going up is a form of consolidation. It is still unclear how the market outlook will go. But the market is very strong, so our strategy is to hold positions and wait and see the aftermath.

ETH market analysis

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ETH market analysisDaily lineThe top of the bottom center belongs to the extension of the daily line. This position is by no means the position to enter the market.

The profit and loss ratio of up and down is 1:1

4H cycle

It is necessary to wait for the bottom of the second buy (black circle position) of the 4H cycle to form before buying. Current strategy: wait.

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Unified analysis of XRP/LTC/EOS/BCH

Skip other small coins.

DOT/KSM market analysis

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